National 2027 Budget Alleviates the People’s Hardship

The National 2027 Budget is touted as a comprehensive budget that alleviates the people's financial burden and reflects the strength of the country's economy.

Sabah continues to be the biggest recipient of the Federal allocation with RM18.6 billion for 2027, an increase of 6.25 per cent compared to RM17.6 billion for 2026. Prime Minister Datuk Seri Anwar Ibrahim who is also Finance Minister tabled the Budget in Parliament.

“The 2027 budget benefits all Malaysians through tax reductions and incentives for civil servants, businesses and all segments of society,” Chief Minister Datuk Seri Panglima Haji Hajiji Haji Noor said after watching - at Menara Kinabalu – of the live broadcast of the tabling of the Budget.

“It demonstrates the strength of our country's economy and financial position, despite the impact of the ongoing crisis in West Asia.”

PM Anwar said road projects in Sabah and Sarawak would continue with an allocation of RM3.3 billion under the Budget; and that the number of Public Service Department (Jabatan Perkhidmatan Awam or JPA) scholarships for students from Sabah and Sarawak will be doubled, specifically 4,200 students from Sabah and Sarawak.

Pertaining to boosting power supply system, the government will install Static Synchronous Compensator (STATCOM) systems at the Dam Road and Segaliud Main Intake Substations at a cost of RM204 million. The Southern Link Transmission Line project will also proceed as a long-term measure to ensure the sustainability of electricity supply in Sabah.